Forbes estimates Theranos founder’s net worth is down to zero
One year after estimating Theranos founder Elizabeth Holmes’s net worth at $4.5 billion, Forbes has lowered its estimate to zero. Forbes said it spoke with a dozen venture capitalists, analysts and industry experts to gauge the value of Theranos, which has had the validity of its blood testing questioned in recent months.
Forbes reported that Holmes is scheduled to present Theranos’ data at the AACC meeting in August.
Click below for more on this story:
Executive Editor
Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.